Spark268

In the main that's correct. In the short term there's always times to buy, hold and sell. Currently it's buy given its recent underperformce relative to other assets and indicators of inflation. Premiums are low aswell, which is not always the case.

She looks like a younger version of Liz Hurley, not that Liz Hurley has aged badly or anything 😁

The answer to this is simple, it's called home country bias/tax advantages etc. In the US, eagles would we prefered to foreign coins. In the UK, there's usually a slight premium on sovereigns and Britannias. In Germany its kaiserreichs and France its gold francs etc. This home country bias is more prevalent amogst the lay person and new stackers due to recognisability, familiarity, harking back to a more simpler, glorified past in our respective countries (Napoleon etc) and also the tax advantages. You are obviously more experienced and know bullion silver is silver. But coins/rounds are not pure bullion. For eagles, there was a surge in domestic demand causing large premiums, this has bled into premiums for eagles on the international market, but to a lesser extent. It's also a nice coin as already mentioned. These will come down as demand for ASE's abates, the secondary market regurgitates, and they will be available for a dime a dozen (above manufactured spot) as they were in 2018. I'm not sure if the same principle applies to kooks and maples, as their mints have been spamming the international markets at various times. Smaller countries will also be more open to foreign coins generally. Here in the UK we are a more refined bunch, with good premiums for both domestic and foreign coins 😉

Looks like there is short covering across the board. Equities looking toppy at the moment, so falls here could cause short covering in the PGM complex- more dip buying opportunities.

well done to the TSF community to getting this removed !

even the car is fake 'replica'. Looks like the eBay user is trying to exploit his 100% feedback record to list 30 or so fakes which all end around the same time an hopes to make a way with the money.

LOL !

i like ATS, i had bought from them in 2018 and was happy with their service and their no-nonsense website. I'm glad that it worked out !

over the past 6 weeks or so the silver demand has softened significantly and dealer inventory levels are returning to normal

The markets have been on a grind for months now, an extended summer lull if you will. Perhaps the silver smashers decided to have some fun today.

You'd be perfect for Bloomberg TV 😁

BCC had these on for a while but have sold out. https://britanniacoincompany.com/buy-coins/proof-sets/2017-uk-quarter-ounce-platinum-proof-britannia/ https://britanniacoincompany.com/buy-coins/proof-sets/2018-prince-of-wales-quarter-ounce-platinum-proof/

it defies logic ! the Britannia coin company had 2017-19 quarter proof plat brits for 299 for a while, I am not sure if this offer still stands but the proprietor does use the TSF I believe.

interesting post! most exchanges/trading places do offer discounts or rebates for the service of market making. On coinbase pro for cryptos, you get lower transaction fees if you are providing liquidity, as opposed to taking it. on an unrelated note, it looks like criminals are providing liquidity to PGM market in their own way 😛 https://www.zerohedge.com/commodities/why-are-thieves-stealing-so-many-catalytic-converters

What BBC does or does not do should not be any body's business, however it is because of the licence fee. They've been targeting low income earners and over 75, like there's no tomorrow, and certainly as if there wasn't a pandemic going on. Paying for licence fees should be made a criminal offence, because it further perpetuates the now well publiscized activities at the BBC - none of which relate to providing good quality TV programming. Having said that, its still useful to see some of the real life impacts of a gold mine, as opposed to reading balance sheets and attending investor presentations.

Although physical is always better, it's good to know that not all the next generation are spending their money on avocado toast / meme cryptos & stocks: Gold has glistered for young investors with The Royal Mint recording a fivefold rise in young adults taking a stake in the precious metal. The Mint, which is wholly owned by the Treasury, said young investors were attracted to its new digital platform for gold investment. The investments are backed by gold stored in The Royal Mint's vaults. It reported pre-tax profits of £12.4m in the last financial year, up from a £200,000 loss the previous year. https://www.bbc.co.uk/news/business-57914322

i commend your thinking on this and I would love to see a more liquid market. Its a classic chicken and egg problem, squared: Spreads would naturally come in if more people were interested in platinum. The spreads are high, so they won't. Somewhat counter-intuitively, interest mostly rises following a rise in the price, which ironically negates the hit from the premium.

what might prove a drag to gold prices is equity volatility for the second half of the year, and silver may be hit harder. it should only be temporary though and should be another buying opportunity. premiums are coming down also...

unfortunately the telegraph has been a contra-indicator of late; two years ago they said gold was a silly investment. Did you see the piece in their investing column, Questor, citing losses in 2021... https://www.telegraph.co.uk/investing/shares/questor-failed-make-profit-year-mistake-not-backing-britain/

that's another worrying trend: brands exploiting their reputations, earned over decades, and passing off poorer quality products: Nissan had done this for cars, and Miele for washing machines.. so in addition to inflation and shrinkflation, we now have what can only be called crapflation 😛

the mere prospect of inflation is enough to get people buying again, and that's probably why its so widely publicised. that's not to say however, there is no inflation, in many areas it is massive. This is due to imbalances in supply and demand, of goods, services (finding retail/service staff) and transport (containers in the wrong places). these might become permanent. There's too much cheap c**p nowadays, that we could do without, for the environments sake. For example, most low-end electricals break and need replacing each year. Unfortunately, this affects lower earners more as they have to keep replacing the fridge every year for example, and end up spending more in the long run !

they are based in the US?

dining out pre-covid may be ancient history, but i do recall receiving some change from a tenner for a full english breakfast / main meal with a drink at any middling establishment. Now its for a twenty A cafe nearby that still hasn't re-opened has a full breakie advertised for 6.75, but it's 8.95 everywhere else that's reopened. ...

woohoo i've got some shares in Scotgold, and to date they remain well priced.

that makes sense as we came of the gold standard then